Fulton Financial reports Q2 EPS 46c, consensus 42c

Reports Q2 revenue $273.441M, consensus $215.68M. “We were pleased with our second quarter performance and results,” said Curtis J. Myers, Chairman and CEO of Fulton. “We saw credit metrics remain stable and credit losses return to historically low levels, strong non-interest income in many areas of our bank, and loan growth was solid and in line with expectations. Despite the challenges around deposit growth and mix the industry is facing, we meaningfully grew both deposit accounts and deposit households during the quarter.”